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Top News Links: Friday, Dec. 9

Warrior Met Coal rising from ashes toward public offering

Coal producer Warrior Met Coal LLC is working with bankers on a U.S. initial public offering for next year that could value the company at as much as $3 billion, sources say. The Apollo Global Management LLC-backed company is working with banks including Credit Suisse Group AG on the stock sale, which could happen as soon as the first half of 2017. While volatility in coal prices makes valuation complicated, it could be worth from $1 billion to $3 billion. – Alabama News Center

State’s county commissioners propose 3-cent addition to gas tax

The Association of County Commissions of Alabama has decided unanimously to support a new three cent per gallon gas tax in the Alabama legislature. For many travelers, the idea of paying any more for gas than they already do is more than unpleasant. – WIAT

Victoria’s Secret employee fired after Oxford mall incident

Victoria's Secret said this evening an employee who reportedly told two black women to leave a store in Oxford's Quintard Mall Wednesday is no longer with the company. On the company's Facebook page, Victoria's Secret stated it had reached out to Kimberly Houzah, who recorded her experience at the store in a Facebook Live video. – AL.com

Big business warns Trump against mass deportations

Still grappling with Donald Trump’s surprise election, the nation’s business community has begun to pressure the president-elect to abandon campaign-trail pledges of mass deportation and other hardline immigration policies that some large employers fear would hurt the economy. – AP/Detroit News

Meet 10 hot new startups from Innovation Depot

Birmingham isn't Silicon Valley - but the Innovation Depot is trying its darnedest to get the next big tech company to start here instead. The Velocity Accelerator is the business incubator's attempt at something like Y Combinator, the famed seed accelerator started in March 2005. – AL.com

Birmingham-Southern alumnus gives $2M gift

A $2 million lead gift by a Birmingham-Southern College alumnus and his wife has helped BSC launch a three-year, $30 million giving initiative to build on the college’s strength as a national-caliber liberal arts institution. The Bridge to the Future initiative will allow the college to introduce new academic programs, increase enrollment, and reinvest in the local community. – News release

State’s steady, plodding economic recovery continues

Recent numbers indicate that Alabama job growth continues its slow but solid pace, according to economists from The University of Alabama Center for Business and Economic Research. The state added 24,500 jobs between October 2015 and October 2016. Most of job gains were in services-providing firms that added 20,700 workers. – News release

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